Infrastructure major, Hindustan Construction Company (HCC) and two other private firms have agreed to accept the Gujarat government’s offer to buy large tracts of land within the Dholera Special Investment Region (SIR), located at a distance of 140 kilometres from Ahmedabad, in the Gulf of Khambat area.

The two other companies are Greater Dholera Infracon (an arm of Singapore based USEL Group) and Hotmail founder Sabeer Bhatia’s Nano Works Developer Gujarat.

This sale, involving about 2,736 hectares of government land, is perhaps the biggest bulk deal to happen in Gujarat, in the last 10 years.

The state government had been trying to hard-sell the Dholera Special Investment Region to corporates over the last few years.

In October last year the state government had made an offer to three private companies to buy a mammoth 2,400 hectares of government land in the notified SIR.

The Dholera Special Investment Region development Authority (DSIRDA) has issued offer letters to three companies on 12th October 2011.

“All the three companies have agreed to purchase land at offered prices. At present government and company are doing the land survey and measurement before the final possession process. Once this is over the companies are expected to pay the sale price,” said KD Chandnani, CEO of DSIRDA.

The state government has quoted Rs 400 per square metre.

This is higher than the prevalent average minimum rate of land fixed by the government, which is Rs 50-150 in the area.

This is however, lower than the prevalent market prices of Rs 750-1,000 per square metre, which is the average price of private land.

The govt's first aim should be to provide the infrastructure, only then will private players step in. Anybody knows what is the status of the Ahmedabad-Dholera expressway ?

Quote:

The government has made a provision of Rs 133 crore for the construction of the 117 kms long Ahmedabad-Dholera express highway, connecting Dholera Special Investment Region (DSIR). Moreover, the Bagodara-Vataman-Tarapur-Vasad road will be converted in a six lane roads, while Surat-Kadodara-Bardoli Anjar-Chirai road will be made a four lane one.

Ten months off the starting blocks, Dholera Special Investment Regional Development Authority (DSIRDA) is about to complete the exercise of town planning for the 900 sq km project. The region will see urbanization in about 400 sq km, as the rest is either agriculture land or falls under CRZ (coastal regulatory zone) norms.

Of the seven cities being planned in across Uttar Pradesh, Haryana, Rajasthan, Gujarat, and Maharashtra, Dholera is moving the fastest, says chief executive of Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) Amitabh Kant. "Some states are at the stage of land acquisition or finalizing the master planning," says the head of agency implementing India's the most ambitious infrastructure project ever, the $90-billion DMIC.

Of the six different town planning (TP) schemes, four are complete. "The region has three main aspects working for it. Despite the size of the project (900 sq km) there are only 30,000 families living here. Most of agriculture land is single crop. And, state government owns huge tracts of land here. To top it all, no land acquisition is needed. The state government has taken the town planning route instead of acquiring land."

The official said that of the there are 22 villages in the notified area but the settlements will not be disturbed. "The town planning has insured that locals remain the land owners. Only for the trunk infrastructure - drainage, sewage, solid waste networks - will the land be bought. Once the area is developed they can sell their land or use it according to plan," he avers.

This, Kant points out, is the primary reason for there being no resistance to the development. "We will be spending Rs 3,000 crore on the trunk infrastructure of Dholera city alone. This project will have demonstrative effect on other states."

Yes, it seems too good to be true. What I think is that they must have started levelling the land and providing basic infra.

It's all interlinked- GIFT, Federa, Dholera and the Expressway. To make GIFT supertalls, they have to build the new airport, the new airport will be feasible only if Dholera sees some good investment and for that they need to connect it to AMD via the Expressway.

So first they got to build the Expressway, then Dholera, closely followed by the airport, by which time the GIFT supertalls will be ready to take off. Modi has taken a huge gamble by interlinking all the megaprojects, hope it pays off.

BTW, is Federa going to be a private airport?

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MUMBAI: Mahindra Group's realty and infrastructure development arm Mahindra Lifespace Developers is planning to develop two more integrated business cities apart from its ongoing Mahindra World City projects in Chennai and Jaipur.

The two new integrated developments will come up at Dholera in Gujarat and in the northern part of Chennai, spread over 2,500 acres and 1,000 acres, respectively. The company plans to launch both these projects by March 2013, said a top official of the company.

In Chennai, the company will be acquiring land parcels through private negotiations, while at Dholera in Gujarat, the state government will facilitate the acquisition
...

Good news, was a bit concerned that MWC was not mentioned in the announcement of the sale of the first 2736hectares of the Dholera SIR to anchor tenants. Based on the success of the ones in Jaipur and Chennai, I def think having a MWC in Dholera is a great idea to get investment into a greenfield city.

A new airport in Dholera SIR is required to cope with the highest annual growth in traffic at Ahmedabad airport and to absorb the future growth of this special investment region. It is predicted that this airport will be a world class international airport and also serve the adjoining cities Ahmedabad, Bhavnagar, Vadodara, Anand, Nadiyad and Rajkot. Road and rail infrastructure will be required to serve the new airport.

The state Government has apparently already purchased 1700 hectares of land suitable for such a project but there are other suitable sites being considered including at Navagam which is about 20 km south west of the proposed Dholera SIR site.

The Dholera airport project would be developed as joint venture project having equity partnership of AAI and state or it can be a BOT model with 100 % equity ownership by developer. The Greenfield Airport policy clearly states that any Greenfield airport should be undertaken in PPP mode.

Last para makes it all seem as clear as mud.

Navagam is 20km South of Ahmedabad rather than SW of Dholera. Point to note is that the NHAI widening project of NH8 would provide high quality access to the Navagam area. That project is expected to be completed by May 2016.

A delegation of Singapore-based Singbridge International led by its Chairman Philip Yeo on a courtesy visit met Gujarat Chief Minister Narendra Modi here today and made a presentation on building new modern townships in the state.

The delegation comprising officers of Government of Singapore and its Associate Organisations had earlier visited Gujarat’s major constructions sites along Delhi-Mumbai Industrial Corridor (DMIC), Dholera Special Investment Region (SIR), GIFT City, Sabarmati Riverfront and Mandal-Bahucharaji SIR.

The members of the delegation praised Mr. Modi’s ‘New City Development Vision’ for planning new townships in Gujarat.

Mr. Modi on his part extended co-operation from his government side to the technical group preparing the project proposals for Dholera SIR and Mandal-Bahucharaji SIR.

Anyway, earlier it was reported that the Singapore based USEL group have bought 1208hectares at Dholera.

According to their website, it will be used for two distinct developments, the major industrial township will be called "Vivekananda City", while the other project in their hands is the Japanese township that has been mentioned before

Quote:

Vivekananda City, Dholera Special Investment Region, Gujarat

USE has signed a MoU with Government of Gujarat in 2009 and 2011 to develop a mixed use industrial and urban development and a Japanese township as a part of Dholera Special Investment Region (SIR). These development aims to leverage the benefits of Delhi Mumbai Industrial Corridor and the State of Gujarat.

Vivekananda City development envisages a world class, green, mixed use development with focus on eco friendly industries with growth potential. These developments will primarily focus on growth sectors including Automotive & Auto components, Heavy Engineering, Semiconductors and Consumer Electronics and Medical Devices & Equipments etc.

The developments aim to benchmark world class industrial parks with modern amenities and infrastructure facilities worldwide. Internationally reputed consultants and masters planners have been employed to prepare the development and marketing plan for the two projects.

The USE Group is developing a Japanese township over 1,000 acres at Dholera Special Investment Region (SIR), Gujarat. This development will follow the development of the 5,000 acre mixed use industrial and urban infrastructure project at Dholera SIR. The Japanese township development is aimed to specifically attract Japanese mid scale manufacturers with markets easily accessible from Western India. These developments are to be supported by world class infrastructure, amenities and logistic and other facilities.